Households benefiting from lower interest rates as arrears levels drop – Centrix report
“At the consumer level, credit conditions are showing some clear signs of stabilisation,” Centrix chief operating officer Monika…
Auckland nail salon owners ordered to repay $190k in wage arrears
Three years ago, two employees complained to the Labour Inspector, who then investigated the companies between May 30,…
Official Cash Rate cuts: Mortgage arrears at two-year low after OCR cuts
More than $2.2 billion in housing loans was classed as non-performing in October 2025, compared to $1.4b in…
Hawke’s Bay: Rates arrears concern in Wairoa as amount owing doubles in one year
“Wairoa people are struggling in the aftermath of Cyclone Gabrielle and the flooding that resulted from the bar…